S T A T E O F N E W Y O R K
________________________________________________________________________
6729
2023-2024 Regular Sessions
I N S E N A T E
May 5, 2023
___________
Introduced by Sen. ROLISON -- read twice and ordered printed, and when
printed to be committed to the Committee on Higher Education
AN ACT to amend the education law, in relation to family tuition account
withdrawals for treatment of substance use disorder
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 5 of section 695-e of the education law, as
amended by chapter 593 of the laws of 2003, is amended to read as
follows:
5. A. An account owner may withdraw all or part of the balance from an
account on sixty days notice or such shorter period as may be authorized
under rules governing the program. Such rules shall include provisions
that will generally enable the determination as to whether a withdrawal
is a nonqualified withdrawal or a qualified withdrawal.
B. FOR PURPOSES OF THIS SUBDIVISION, A QUALIFIED WITHDRAWAL SHALL
INCLUDE A WITHDRAWAL IN WHICH THE ACCOUNT OWNER WITHDRAWS ALL OR PART OF
A BALANCE FROM AN ACCOUNT TO FUND TREATMENT OF SUBSTANCE USE DISORDER,
INCLUDING DETOXIFICATION AND REHABILITATION, FOR THE DESIGNATED BENEFI-
CIARY. SUCH TREATMENT SHALL CONSIST OF AT LEAST FIFTEEN HOURS AND
INCLUDE, BUT NEED NOT BE LIMITED TO, CLASSROOM INSTRUCTION IN AREAS
DEEMED SUITABLE BY THE COMMISSIONER.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01838-01-3